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2022
ExportsfalseWorld Rnk 1 / 211
Flag Rnk 414 / 4606
2021 - 2022
FASTEST GROWING MARKET $46.3MSingapore
2022
Origin $990k Chinese Taipei
2021 - 2022
FASTEST GROWING ORIGIN $990kUnited States
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $1.53B in Tools for masons/watchmakers/miners, hand tools nes, making it the 1st largest exporter of Tools for masons/watchmakers/miners, hand tools nes in the world. At the same year, Tools for masons/watchmakers/miners, hand tools nes was the 414th most exported product in China. The main destination of Tools for masons/watchmakers/miners, hand tools nes exports from China are: United States ($350M), Germany ($75.4M), Singapore ($62.5M), Russia ($55.5M), and Australia ($54.5M).

The fastest growing export markets for Tools for masons/watchmakers/miners, hand tools nes of China between 2021 and 2022 were Singapore ($46.3M), Malaysia ($23.5M), and Australia ($16.2M).

The fastest growing import markets in Tools for masons/watchmakers/miners, hand tools nes for China between 2021 and 2022 were United States ($990k), Malaysia ($210k), and Poland ($90.2k).

COMPANIES In 2023, leading companies such as CrimsonLogic (98.6k), IKEA Group (48.7k), and Itourscm (19.1k) were at the forefront of shipping Tools for masons/watchmakers/miners, hand tools nes from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Tools for masons/watchmakers/miners, hand tools nes exports accounted up to $145M and imports accounted up to $4.49M, resulting in a positive trade balance of $140M. Between July 2023 and July 2024 the exports of China's   Tools for masons/watchmakers/miners, hand tools nes have increased by $13.4M (10.2%) from $131M to $145M, while imports increased by $667k (17.4%) from $3.82M to $4.49M.

Destinations In July 2024, Tools for masons/watchmakers/miners, hand tools nes were exported mostly to United States ($34.9M), United Kingdom ($6.44M), Germany ($5.83M), Russia ($5.73M), and Malaysia ($5.7M), and were imported mostly from United States ($1.24M), Germany ($1M), Japan ($392k), Switzerland ($317k), and Chinese Taipei ($267k).

Growth In July 2024, the increase in Tools for masons/watchmakers/miners, hand tools nes's year-by-year exports was explained primarily by an increase in exports to Singapore ($5.79M or 445%), Australia ($4.34M or 117%), and Malaysia ($3.08M or 80.1%). In July 2024, the increase in Tools for masons/watchmakers/miners, hand tools nes's year-by-year imports was explained primarily by an increase in imports from Singapore ($141k or 2.33k%), France ($78.9k or 39.1%), and Israel ($36.5k or 320%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$13.4M(10.2%)
IMPORT GROWTH (July 2023 - July 2024)$667k(17.4%)
MAIN EXPORTER (July 2024)Zhejiang Province$77.5M
MAIN DESTINATION (July 2024)United States$34.9M

This section shows Tools for masons/watchmakers/miners, hand tools nes's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Tools for masons/watchmakers/miners, hand tools nes over time.

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Unit Prices

Flow
Value

The following visualization shows the unit prices for Tools for masons/watchmakers/miners, hand tools nes throughout time. Products without a clear unit are excluded.

Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.53B

In 2022, China exported $1.53B in Tools for masons/watchmakers/miners, hand tools nes. The main destinations of China exports on Tools for masons/watchmakers/miners, hand tools nes were United States ($350M), Germany ($75.4M), Singapore ($62.5M), Russia ($55.5M), and Australia ($54.5M).

In N/A, China imported N/A in Tools for masons/watchmakers/miners, hand tools nes, mainly from Chinese Taipei ($20.3M), Germany ($15M), United States ($12.2M), Japan ($4.5M), and France ($2.42M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tools for masons/watchmakers/miners, hand tools nes EXPORT MARKETS FOR China WERE (2021 - 2022):
Singapore$46.3M (286%)
Malaysia$23.5M (79.8%)
Australia$16.2M (42.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tools for masons/watchmakers/miners, hand tools nes BY China WERE (2021 - 2022):
United Kingdom-$8.12M (-13%)
Chile-$5.89M (-19%)
Spain-$5.56M (-18.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Tools for masons/watchmakers/miners, hand tools nes were:
Chinese Taipei $787M
Germany $390M
In 2022, China's main importing competitors in Tools for masons/watchmakers/miners, hand tools nes were:
United States $932M
Germany $303M
United Kingdom $187M

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Trade Value of Tools for masons/watchmakers/miners, hand tools nes by Exporters

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